Jul 20, 2011 6:00pm EDT
continue to spend tens and tens of billions of dollars in iraq and afghanistan, over a hundred million a year, pour be money into corruption that doesn't help. they can't find 150 or 200 million to regulate derivative. today, this afternoon, a few hours ago, they voted in committee and i think people will be astonished by this. to reduce the legal liability we try to put on the rating agencies. the rating agents are a big part of this problem. paid by the people who are issuing the security and they gave me outlandishing favorable ratings that turn out to be accurate. we said, if you put a rating into a perspective, if i said to you, sharpton, can you guy this and here is what moody's or standard & poor's said about that, they say no -- >> they just voted to repeal that so you can't vote for having misinformation on that? >> it would be much harder. you have to show, al, that they were knowingly reckless. the fact that they were dead wrong, sloppy, careless and you put your money in and bought something worthless, that won't let you do it. you have to -- go through all kinds of directi
Jul 20, 2011 3:00am PDT
, mullah omar was dead. we're following the story. we go live to kabul, afghanistan. david, this one has got people wondering. what's going on? >> reporter: well, the news first broke by an afghan television station and then later in the day, cnn and other media received a message by an individual claiming to be a top taliban commander. that individual said that mullah omar had died of heart failure last week and a successor had already been named. the taliban, like you said, later came out and said they have been the victim of a hacking and their phones and emails have been tapped. in fact this message was phoney. cnn doesn't have any confirmation of the sort. we spoke with nato official and they have no operational knowledge on the ground. so the whereabouts of mullah omar are unknown. last believed to be in pakistan, where taliban militants have launched attacks across that border against troops down in the southern region. it's those southern and eastern regions of afghanistan that have experienced some of the highest levels of attacks. and this all comes at a very interesting time.
Jul 20, 2011 3:00am PDT
into a kill zone under heavy fire to find three missing marines and navy corpsman in afghanistan in 2009. sadly, they did not make it out alive, but mier is being honored for going beyond the call of duty. he's the third civilian to receive that honor from the wars in iraq and afghanistan. >> steve: what a story. >> alisyn: nail biting moment at the championship motor cross match in minnesota. look at this. >> whoa! we got trouble! zachary is down ask down hard! >> alisyn: that was motor cross rider chad reid. he was in the lead before wiping out with 450 riders coming straight at him full speed. even more incredible, reed remounted his bike, as you can see, moments later, finishing a respectable 14th in this race. wow. those are your headlines. >> brian: got to tell you what happened in the house yesterday. we heard the vote was taking place and it did. in the end it passed. cut, cap and balance and a time tally of 234-190. five democrats said that sounds good to me, but yet nine republicans defected and voted with democrats. in the end, it passed. but the republicans can say, look, you